Tiffany & Co. (NYSE:TIF) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 30, 2016
Boasting a price of $80.60, Tiffany & Co. (NYSE:TIF) traded 3.15% higher on the day. The last stock close price is up 18.65% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $74.94 and a 200-day moving average of $67.93. 9,411,810 shares of the stock were exchanged, up from an average trading volume of 1,535,110
Zacks Investment Research has upgraded Tiffany & Co. (NYSE:TIF) to Hold in a statement released on 11/30/2016.
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Tiffany & Co. has a 52 week low of $56.99 and a 52 week high of $84.40 with a P/E ratio of 22.99 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 21 firms have reported on the stock. The consensus target price is $81.38 with 4 brokers rating the stock a strong buy, 10 brokers rating the stock a buy, 11 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.
Brief Synopsis On Tiffany & Co. (NYSE:TIF)
Tiffany & Co. is a holding company that operates through its subsidiary companies. The Company's principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO. retail stores. The Company's segments include Americas, Asia-Pacific, Japan, Europe and Other. The Americas segment includes sale in Company-operated TIFFANY & CO. stores in the United States, Canada and Latin America. The Asia-Pacific segment includes over 80 Company-operated TIFFANY & CO. stores in China, Korea, Hong Kong, Taiwan, Australia, Singapore, Macau, Malaysia and Thailand. The Japan segment includes approximately 60 Company-operated TIFFANY & CO. stores. The retail sales in Europe are transacted in over 40 Company-operated TIFFANY & CO. stores. The Other segment includes retail sales and wholesale distribution; wholesale sales of diamonds, and licensing agreements.
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